Emaar Misr
Emaar Misr is an Egyptian real estate developer listed on the Egyptian Exchange as EMFD, with communities including Uptown Cairo, Mivida and Marassi.
Industry: Real estate development | Location: Egypt | Founded: 2005
About Emaar Misr
Emaar Misr for Development is an Egyptian real estate developer that builds large residential, commercial and hospitality communities in West and East Cairo, on the North Coast and on the Red Sea. Its shares trade on the Egyptian Exchange under the ticker EMFD. Its website links it to the wider Emaar group.
The company's website describes it as transforming lifestyles since 1997, and the same page names Mohamed Ali Rashed Alabbar as chairman. It lists seven further directors: Jamal Majid Bin Theniyah, Ahmad Thani Al Matrooshi, Khaled Badawi, Ayad Al Harazeen, Ali Ahmed Al Frayhat, Mennan Awadallah and Hadir Helal. The pages reviewed do not name a chief executive.
The communities it lists are Marassi North Coast, Soul, Belle Vie, Cairo Gate, Uptown Cairo, Mivida, Mivida Gardens and Marassi Red Sea. Its offer covers apartments, villas, townhomes, branded residences, water homes, serviced residences and space for clinics, offices and shops. Hospitality at Marassi includes the Address Beach Resort, Address Golf Resort and Vida Marina Resort.
Its press releases record that on 19 August 2023 it opened the Address Beach Resort Marassi with Emaar Hospitality Group, with an investment of EGP 5 billion, and that on 29 August 2023 Eagle Hills Properties and Orascom Construction began collaborating on the first phase of the Soul Luxury Beach Resort, worth about EGP 2 billion. On 16 February 2025 it signed a strategic partnership with MIDAR to launch Mivida Gardens in East Cairo.
Mubasher lists its capital at EGP 5,446,929,384. For 2025, Arab Finance reported revenue of EGP 19.808 billion, up from EGP 19.003 billion, and consolidated net profit attributable to the parent of EGP 5.544 billion, down from EGP 15.404 billion. The company's own announcement, as reported by Invest-Gate on 24 February 2026, cited net profit of EGP 7.5 billion, up 17.2 percent after excluding non-recurring items from 2024, and net sales of EGP 176 billion.
The same report says hospitality revenue rose 33 percent and commercial leasing 43 percent in 2025, and that four plots of about 3,450 feddans were added to the land bank.
Leadership
- Jamal Majid Bin Theniyah, Board member
- Khaled Badawi, Board member
- Ayad Al Harazeen, Board member
- Ali Ahmed Al Frayhat, Board member
- Mennan Awadallah, Board member
- Hadir Helal, Board member